Meeting Summary
The City Council held the first of two public hearings regarding the proposed North Perkins Road Project Plan, which involves establishing a Tax Increment Financing (TIF) district to stimulate retail economic development. The plan outlines a maximum public expenditure of $3.4 million to support an estimated total investment of $15-17 million, primarily funded by a 1% portion of new sales taxes generated within the project area. The council also set the date for the second public hearing and approved several zoning ordinances.
Key Decisions & Votes
North Perkins Road Project Plan - Second Public Hearing Date
30:00The City Council established Monday, August 25th, 2014, as the date for the second public hearing on the proposed TIF district for the North Perkins Road Project Plan.
Resolution 2014-10: Public Necessity for Water Lines
31:00Resolution 2014-10, declaring the public necessity of acquiring ownership to certain real property for proposed water lines along Range Road between Highway 51 and 19, was approved.
Ordinance 3277: North Perkins Project Plan Adoption (First Reading)
32:00Ordinance 3277, which approves and adopts the Stillwater North Perkins Project Plan, designates the project area and increment district boundaries, and establishes a date for the creation of Increment District Number One, was approved on its first reading.
Ordinance 3272: Rezoning 214 West Elm Avenue
35:00Ordinance 3272, rezoning a tract of land at 214 West Elm Avenue from RMI (Residential Multi-Family Intermediate) to HR (High-Rise) district, was approved on its second reading.
Ordinance 3273: Rezoning 498 and 519 South Jardo Road
35:40Ordinance 3273, rezoning land at 498 and 519 South Jardo Road from RTM (Residential Two-Family and Multi-Family) to RMI (Residential Multi-Family Intermediate) district, was approved on its second reading.
Ordinance 3274: Rezoning 406 South Hester Street
36:15Ordinance 3274, rezoning land at 406 South Hester Street from RMI (Residential Multi-Family Intermediate) to HR (High-Rise) district, was approved on its second reading.
Ordinance 3275: Closing Utility Easements and Emergency Declaration
36:45Ordinance 3275, closing utility easements at 2399 North Perkins Road and 798 East Lakeview Road, was approved on its second reading, along with a motion declaring an emergency for the ordinance.
Financial Matters
North Perkins Road Project Plan Public Expenditure
Maximum public expenditure authorized to support the North Perkins Road Project, funded by a 1% portion of new sales taxes generated within the project area.
North Perkins Road Project Total Investment
Estimated total private investment expected for the North Perkins Road Project.
Public Comments
No public comments were made during the public hearing, as it was primarily an informational session.
Coming Up
Deadlines
- August 25th, 2014: Second public hearing for the North Perkins Road Project Plan.
Watch For
- Consideration of the adoption of an ordinance to create the TIF district after the second public hearing.
Agenda Summary
Public Hearing on Proposed North Perkins Road Project Plan
First of two public hearings to provide information and answer questions about the proposed Tax Increment Financing (TIF) district for the North Perkins Road Project.
General Order: Establish Second Public Hearing Date for North Perkins Road Project Plan
Motion to establish Monday, August 25th, 2014, as the date for the second public hearing on the proposed TIF district.
Resolution 2014-10: Declaring Public Necessity of Acquiring Real Property
Resolution declaring the public necessity of acquiring ownership to certain real property for proposed water lines along Range Road.
Ordinance 3277: Approving and Adopting the Stillwater North Perkins Project Plan (First Reading)
Ordinance approving the project plan, designating the project area and increment district boundaries, and establishing the creation date for Increment District Number One.
Ordinance 3272: Rezoning 214 West Elm Avenue (Second Reading)
Ordinance rezoning a tract of land from RMI to HR district.
Ordinance 3273: Rezoning 498 and 519 South Jardo Road (Second Reading)
Ordinance rezoning a tract of land from RTM to RMI district.
Ordinance 3274: Rezoning 406 South Hester Street (Second Reading)
Ordinance rezoning a tract of land from RMI to HR district.
Ordinance 3275: Closing Utility Easements and Declaring Emergency (Second Reading)
Ordinance closing utility easements at 2399 North Perkins Road and 798 East Lakeview Road, with an emergency declaration.
Executive Session
Discussion regarding labor negotiations with the Fraternal Order of Police Lodge Number 102.